Carcetti Capital Corp V.CART.H

Staniske Gas Field Metrics when Acquired in 2011

[nozzpack]

1....very large gas field more than 10 times larger than RK

2...10 wells drilled at very shallow depths ...less than 400 m...all successful, one ready to produce

3...Shallow wells are very cheap to drill

4..3P resources within the shallow formations quite substantial relative to RK

I have not searched extensively but thorse resukts may be from decades old Soviet drilling.
Modern drilling and completion technologies may offer much higher results.

Its a big gas field but with only 10 shallow wells drilled when deeper formations offer much higher IPS, more infill drilling is needed to convert to 2P .

Very sparse information available but what is available indicates substantial production potential .
Plus as per Yab 2  deeper formations results, additional drilling of deeper formations of higher porosity could convert Staniske to a major gas producer ..

Chen Lin thinks so..

https://www.cubenergyinc.com/_resources/news/nr_2011_02_14.pdf

[Cross19]

Nozzpack, You truly love intentionally misleading investors with your twisted and false information: Stanivske license was REVOKED in 2021 and was a NON-CORE asset with NO CARRYING VALUE like it is stated in their very recent M&A. QUOTE Stanivske license which was a non-core and non-producing asset with no carrying value. The Stanivske licence was subsequently revoked in 2021 by the SGS. The

[nozzpack]

What are you smoking, bad weed ? 1.....My statement re Chen Lin was reported as an exact quote....which you reiterated as the same exact quote especially focussing on its western Ukraine assets 2..The latter will have to be the case for Staniske , as recovery of its licence is conditional on that new well requirement which is now in ongoing discussions by Cub . Kub lost its licence for

[nozzpack]

There is another reason why Kub is in discussions to regain its ownership of Stanisvke. That it is interested in doing so cannot be disputed, otherwise why would Kub be discussing lifting the restrictive measures. That reason is that the value  of its western Ukraine operations would be substantially enhanced with Stanisvke back in the fold. These material advantages I have described in my

[bullhorn3]

Cross19, I have Nozzie on 'ignore', so I am shielded from his comments.    You, I believe.    I would be interested in your opinions on KUB's future, net value per share, etc. However, you will infuriate Nozzie so be prepared for "the attack of the Russian", which I will not notice due to the 'ignore'. We need honest, informed commenters, so

[nozzpack]

Wow. The Waffen SS has even more followers. Tell me, how many poles did they slaughter in WW2 and how many Ukrainians ? I bet you have absolutely no clue about actual history.

[cyber37]

If stealing wheat is not enough russians are now also stealing farm equipment from Ukraine. This could also affect worlds food supply especially people in Africa. I hope that $40 billion assistance from US buys enough military hardware for Ukraine to stop invading russian army from farther atrocities in that country. Look up Bocha!!!!   I wonder how much trolls like nozzpack &

[JustforFun7]

Nosepick is in a time warp. Poland has no desire  to get any lands from Ukraine. They have been the biggest supporter of Ukrainian refuges. Very generous.  Just ignore Nozzie.